In ceiling speakers? Sounds great!
There's nothing like streamlining your home entertainment. People like to sit and enjoy great sound without drawing attention to their astonishingly complicated stereo systems. To this end, in ceiling speakers and a multi-room set up provide all the comforts of an extravagant system without flooding your pristine living room with wires and large black cabinets (or their more compact, yet still intrusive cousins).
First on your list of concerns should be price. Plan on dropping about $400 for a pair of speakers plus the labor involved - entirely dependent on your capacity with the following tools.
What you'll need
Stud detector
Pencil
Bailing wire
Wallboard knife
Wire strippers
Electrical tape
Fiberglass fish tape
Electric drill
Flexible drill bit (very convenient, but not necessary)
Bubble level
Screwdriver (Philips and flathead)
Drywall mud
Paint (for wall repairs)
Embedded speakers, be they wall or ceiling, require investment and commitment. But for those who appreciate world class sound systems, it's more than worth the effort.
More information on in-ceiling speakers